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News Cybersecurity and inflation will be top concerns in 2022
08
Dec
2021

Cybersecurity and inflation will be top concerns in 2022

by Property Forum
ULI Poland and PWC name cybersecurity and inflation within top wider concerns for 2022. Best investment prospects are in London, Paris and 4 German cities, Warsaw with a “good” outlook took 15th place in the "Emerging Trends in Real Estate 2022" report by both companies.
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News Czech industrial vacancy rate drops to new low
07
Dec
2021

Czech industrial vacancy rate drops to new low

by Property Forum
According to the latest report by Savills, the record take-up levels and no speculative completions caused the vacancy rate on the Czech industrial space market to plummet 70 bps to a new low of 1.75%, one of the sharpest quarterly declines observed in the market in the last five years. The total volume of modern industrial space available for lease across the country fell from 226,700 sqm in June to 165,000 sqm in September.
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News Poland's industrial market is heading for another record
05
Dec
2021

Poland's industrial market is heading for another record

by Property Forum
The spectacular net take-up of 3.5 million sqm at the end of Q3 was better than any other total for the first three quarters of a year. The Polish market was also one of the driving forces behind the record demand in Europe. Advisory company JLL analyses the industrial market at the end of Q3 2021 and outlines the key trends and developments for the sector in the coming months.
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News Poland's warehouse market is running full steam ahead
02
Dec
2021

Poland's warehouse market is running full steam ahead

by Property Forum
The latest report by BNP Paribas Real Estate Poland shows that in the first three quarters of this year, a record demand for warehouses was noted, amounting to almost 4.8 million sqm. The company’s analysts also point out that movement at construction sites, where work is currently underway, has also set a new record, with more than 3.7 million sqm of modern office space under construction. As in previous quarters, the development of the sector together with an increased demand for logistics spaces, have been primarily driven by a rise in e-commerce, as well as an increase of companies operating in the logistics and trade sectors.
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News Climate change presents an opportunity for those that act fast
02
Dec
2021

Climate change presents an opportunity for those that act fast

by Ákos Budai
Climate change presents new challenges for the real estate sector but also an opportunity to get ahead of the competition. The topic was discussed at Balkans Property Forum 2021, Property Forum’s annual event in Belgrade.
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News Immofinanz records net profit clearly above pre-crisis level
29
Nov
2021

Immofinanz records net profit clearly above pre-crisis level

by Property Forum
Immofinanz's results of operations rose by nearly 60% year-on-year to €180.4 million in Q1-Q3 2021 and even substantially exceeded the comparable 2019 pre-crisis level (+29% versus Q1–3 2019). Net profit turned clearly positive at €295.7 million and also surpassed the pre-crisis level in 2019 (Q1–3 2019: €202.6 million).
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News Czech real estate investment volumes up by 8% y-o-y
29
Nov
2021

Czech real estate investment volumes up by 8% y-o-y

by Property Forum
The total volume of real estate investments in the Czech Republic reached €328 million in the third quarter of 2021, being 24% below the previous quarter but 8% up year-on-year, according to Savills latest report.
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News Investors are crazy about logistics, worry about inflation
29
Nov
2021

Investors are crazy about logistics, worry about inflation

by Ákos Budai
Investment market experts in the Czech Republic are concerned about the potential effects of high inflation and rising interest rates on the market. At the same time, they remain highly optimistic about the future of logistics and keep ESG at the top of their agenda, according to a recent panel discussion at Prague Property Forum 2021, moderated by Jaroslav Kaizr MRICS, Expert Director of the MBARE programme at VŠE.
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News CA Immo considers sale of entire Romanian portfolio
25
Nov
2021

CA Immo considers sale of entire Romanian portfolio

by Property Forum
The Management Board and Supervisory Board of CA Immo have decided to start evaluating all strategic options for the core market of Romania, including a potential sale of the entire portfolio. The company published its interim results for Q1-Q3 2021.
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News What role do receptions play in the future of offices?
25
Nov
2021

What role do receptions play in the future of offices?

by Property Forum
The appearance and functionality of a building’s reception area is in many cases the first impression of a company that potential clients and business partners will see. Do you remember the lobbies that truly impressed you? In the same way, you probably haven't forgotten those that did exactly the opposite. Smart systems in the reception area can enhance a positive experience, solve several problems and improve collaboration across departments. Can your receptionist do that too? Katarína Karmažinová, PR Manager at Colliers in the Czech Republic asks the question.
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Latest news


New leases

  • Croda Poland, a company that supplies specialty chemicals for the production of pharmaceuticals, cosmetics, household chemicals and crop protection products, will lease more than 510 sqm in the Unity Square One building. JLL was responsible for both tenant and landlord representation in the transaction process.
  • Angelini Pharma Polska, one of the leaders of the pharmaceutical market in Poland, has once again extended its lease agreement for warehouse and office space in MLP Pruszków I. The tenant has been using approximately 1,5000 sqm of space in this logistics centre for 21 years. This makes Angelini Pharma Polska one of the longest-cooperating tenants of MLP Group.
  • Kärcher, a supplier of professional cleaning equipment, has chosen the second phase of LogiCube Park for its new 1,000 sqm service and logistics center in Hungary. Additionally, MedRes, a company operating in the healthcare sector, has begun moving in and will soon commence production in the same project. The leasing was overseen by 108 Real Estate, the strategic partner of the park’s investor.

New appointments

  • Elżbieta Majdan is joining the Property & Asset Management team at Savills Poland as an Associate Director. Elżbieta brings 15 years of experience in managing and commercialising retail properties, gained while implementing key projects on the Polish market.
  • Savills Czech Republic announces new hires and promotions within its valuation team. Daniel Duchek has joined as a Senior Valuer, Alena Arnoldová has strengthened the team as a Junior Valuer, and Ivana Horáková has been promoted Valuer. Under the leadership of Marek Pohl, the team now consists of seven consultants specialising in the valuation of a wide range of assets – from commercial, residential, and hospitality properties to leisure, healthcare facilities, and land.
  • Ewa Nowak, a commercial property valuer, has joined the Valuation Department of international real estate advisory firm Newmark Polska as Senior Associate.

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